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BillHR 4478 · 119

TRUST Act of 2025

Introduced
Jul 17, 2025
Cosponsors
1
Traction
0
Last Action
May 13, 2026

Bill Summary

Requires the Treasury Department to publish a report on the financial condition of the US government, and Establishes a trust fund committee to review and make recommendations on the report's findings.

Sponsored By

Tim Moore
Republican · North Carolina · House

Bill Journey

  1. Jul 17, 2025
  2. May 13, 2026You Are Here

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  3. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects the US Treasury Department and the federal government's financial management, as it requires them to increase transparency and oversight of the nation's financial condition, which may impact taxpayers and federal budget decision-making.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
2backers
  • Democratic1
  • Republican1
Cross-party cosponsors1 · 100%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Banking
IntroducedJul 17, 2025
Last UpdatedMay 13, 2026
Latest ActionReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.